I think there is a lot of misunderstanding still about what GLN is trying to achieve and how genius the idea is and how it differentiates us from others. I do agree with Mondy on a few points and always enjoy is measured view, even if I hope he is proven wrong soon..
Part of this misunderstanding is JP struggling to deliver the message. He always gets confused in interviews and has to correct himself between the chloride, concentrate, carbonate wording and as a non engineer/specialist, I find it very confusing even if I follow GLN very closely, so I can imagine why others would have no clue what he is talking about. When you read Twitter, it's impressive to see people still believe than GLN estimate selling price is around USD 60,000 per ton long term because they are just multiplying the USD 20,000 given in the DFS * 3 because we will be producing 32% LCE so they believe we should be selling these 32% at 32% of the Lithium price. It's so wrong but again prove that GLN management is struggling to deliver that message to the shareholders.
I really think the idea of chloride is the best strategy GLN could have come up with being realistic, achievable, low OPEX, lower CAPEX, lower water consumption and fast track to market. So many benefits it's not even funny and I'm very confident that before coming up with that option, Daniel would have done his research and talked to a lot of people and I'm very very confident that he perfectly knows that even if we don't obtain an export license straight away, we will be able to fid the plants in Argentina. Not many of them are working to 100% capacity and if they can get some extra chloride to reach nameplate, no doubt they will jump on the occasion.
Again, goes back to what we said in multiple occasions, GLN is not sexy, not reinventing the world, not having some unachievable dreams and timeline, just ticking along. No matter how much dilution there is along the way, I believe that everyone willing to wait a few more years for GLN to get into production will make some good money out of GLN, no doubt. Remember that we are looking at producing in less than two years now..
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